Mid-morning market update: combined markets; CarMax Profit lacks views

After the market opened on Thursday, the Dow Jones was trading 0. 11% at 34,352. 56 while the NASDAQ was up 0. 44% at 14,576. 37.

The United States has the number of coronavirus cases and deaths in the world, reporting a total of 43,349,440 cases with an estimated 695,110 deaths. India has shown a total of at least 33,739,980 cases and 448,060 deaths, while Brazil has reported more than 21,399,540 cases of COVID-19 with 596,120 deaths. Overall, there have been at least 233,286,300 cases of international COVID-19 with more than 4,774,570 deaths, according to knowledge compiled through Johns Hopkins University.

CarMax, Inc. (NYSE: KMX) on Thursday reported weaker-than-expected earnings for its quarter.

CarMax reported adjusted quarterly earnings of $1. 72 consistent with participation, without analysts’ estimates of $1. 89 consistent with participation. The company’s quarterly sales were $7. 99 billion, with expectations of $6. 85 billion.

 

Trade on the rise

Shares of Elite Education Group International Limited (NASDAQ: EEIQ) fell 37% to $4. 12 after falling 25% on Wednesday.

Shares of Volta Inc. (NYSE: VLTA) fell 29% to $7. 94. Volta announced two new patents for inventions in charging stations for electric vehicles.

Bathroom in bed

The eurozone’s STOXX 600 index rose 0. 4%, Spain’s Ibex index fell 0. 2% and Germany’s DAX 30 fell 0. 1%, while London’s FTSE 100 rose 0. 3%, France’s CAC 40 rose 0. 2% and Italy’s FTSE. The MIB rose 0. 1%.

Germany’s unemployment rate stood at 3. 6% in August, unchanged from its lowest point in 16 months. The annual inflation rate in France rose to 2. 1% in September from 1. 9% in August, while retail sales in Spain fell 0. 9% from a year earlier. in August.

The economy

The U. S. Economy USA It grew at a quarterly rate of 6. 7% in the quarter.

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